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Pivot

More Twitter Drama, Amazon Post-Pandemic, and Guest Jon Favreau on the Midterms

Pivot

Vox Media Podcast Network

News Commentary, News, Technology, Tech News

4.37.6K Ratings

🗓️ 4 November 2022

⏱️ 64 minutes

🧾️ Download transcript

Summary

Kara is joined by guest host Kai Ryssdal, Host and Senior Editor of Marketplace! They discuss the latest dispatches from Elon Musk’s Twitter, from layoffs to subscription plans. Also, Amazon’s new post-pandemic reality, and the Fed’s latest interest rate hike. Friend of Pivot Jon Favreau stops by to break down what’s to come in the midterms. You can find Kai on Twitter at @kairyssdal, and Jon at @jonfavs. If you want to get involved in the last days before the midterms, visit VoteSaveAmerica.com. You can listen to Kara’s new show, On with Kara Swisher, here. Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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1:06.0

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1:24.0

Hi, everyone. This is Pivot from New York Magazine in the Vox Media Podcast Network. I'm Cara Swisher and of course I sound a little sick and of course Scott's takes the day off.

1:33.0

Scott Galloway is out celebrating his 40th birthday. I'm joined by the host of NPR's Marketplace podcast, Kai Ristall. Welcome, Kai.

1:43.0

Hey, Cara, it's so good to be here. Oh, I love your voice. It's so good. I love your NPR voice. So you also are a very, very good business reporter, etc.

1:54.0

And it says here that you hate scripted banter. So we're not going to do that. But I would love to know what's going on in Marketplace. Oh, so the economy is this story, right?

2:05.0

If you look at all the opinion bulls, something like 45% of people say economy or inflation is this story, which is our 100%.

2:11.0

So, you know, our reporters and me were just going out and talking to people, right? Because the through line of this economy is, look, the data is fine, the data is great.

2:18.0

But unless you know what people are experiencing in their daily lives, then nothing matters. I just got back from Buffalo huge reporting trip out there. We got reporters all over the place just finding out what's going on.

2:27.0

Because that's what matters, right? And what's the mood from your perspective? Is it about housing or price of gas? Because gas has gone down a little bit, but it's not. It's not as good as it was.

2:37.0

But look, you see that in eight in child letters every time you go to work and you're thinking about gas. I was in Buffalo as I said a minute ago.

2:43.0

And I asked a woman running a small business tiny restaurant, literally started it out of her kitchen. Now she's got a storefront in Buffalo.

2:51.0

And I said, look, if I say inflation to you, what do you say? And she looked at me and she said, true. I mean, that's it. That's that's the whole deal for almost everybody out there.

3:02.0

And we know that, but it's infecting people deeply and substantively in every part of the lives.

3:08.0

Yeah. And in terms of being frustrated about it, do they blame anyone in particular? There's so many confidants. It's too hard to be complex, right?

3:16.0

You can go Ukraine plus COVID plus supply chain plus. They don't want they don't want to hear that. They don't want to hear you, creating COVID, right?

3:23.0

They just want to say, what are people going to do about it? What is the government going to do about it? How am I thinking about this for the election? What's it going to mean for me?

3:30.0

I have tough time putting food on my table. What am I going to do about it? You look at food expenses, right? They're up like 13% over here. That's that's fundamental for everybody.

...

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